Bonkers! Employers lack of pensions understanding is beyond belief

Henry Tapper asks why, after 25 years of pension advice, employers are still bewildered

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A delegate at the Labour party conference said last week: "Would you buy a house without knowing what it looked like and what it cost? That's what it felt like buying a workplace pension for my staff."

When I heard that, I had just read the Office of Fair Trading (OFT) market report into workplace defined contribution (DC) pensions. Hidden away on page 158 is this statement: "The buyer side of th...

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